NetApp, Inc. (NASDAQ:NTAP) will begin trading ex-dividend on July 9, 2020. The quarterly dividend payment of $ 0.48 per share is scheduled to be paid on July 29, 2020. Shareholders who purchased NTAP prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Recent Earnings Announcement
NetApp, Inc. unveiled income for the fourth quarter of $ 1.19 per share, from the revenue of $ 1,401.00 million. The quarterly earnings dropped 2.46 percent while revenues lowered 12.00 percent compared with the same quarter last year.
According to street consensus, NTAP was expected to report 4Q20 income of $ 1.15 per share from revenue of $ 1432.43 million. The bottom line results beat street analysts by $ 0.04 or 3.48 percent, at the same time, top line results fell short of analysts by $ 31.43 million or 2.19 percent.
Stock Performance
According to the previous trading day, closing price of NTAP was $ 43.76, representing a 26.26 % increase from the 52 week low of $ 34.66 and a 33.07 % decrease over the 52 week high of $ 65.38.
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The company has a market capital of $ 9.71 billion and is part of the Technology sector and Data Storage industry.
NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud data services, including NetApp Cloud Volumes Service for AWS, NetApp Cloud Volumes ONTAP, NetApp Cloud Sync, NetApp Cloud Secure, NetApp Cloud Tiering, NetApp SaaS Backup, NetApp Kubernetes Service, and NetApp Cloud Insights.
